@Evda
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Exchange rate 📈 Sometimes, it makes me happy seeing that the value of dollar increased ... But makes me sad as well, coz I know that it reflects to our economic downturn. However, I've seen the exchange rate movements these past few months since I joined this platform. Am glad seeing that Peso decreasing its value in some times. Well, I always monitor the exchange of Peso to Dollar [USD, knowing that dollar is a strong nation currency ]. Photo not mine. Image source: https://www.google.com/imgres?imgurl=http%3A%2F%2Fwww.tutor2u.net%2Fblog%2Ffiles%2Fsterling_tightrope.jpg&imgrefurl=https%3A%2F%2Fwww.tutor2u.net%2Feconomics%2Fblog%2Fexchange-rates-student-handout&tbnid=sT03ViqHFjq71M&vet=12ahUKEwjJjfbTspbyAhWLG6YKHQrfDrkQMygVegUIARCHAg..i&docid=PNA95q0062BGYM&w=500&h=375&itg=1&q=exchange%20rate%20movements&client=ms-android-vivo&ved=2ahUKEwjJjfbTspbyAhWLG6YKHQrfDrkQMygVegUIARCHAg #RandomThoughts
2 comments
Peso to USD rate is really uncontrolled. For OFWs like us, it is not good if exchabge rate is very low but it is good for our country's economy.
True po, And I think that's the reason why OFW choose to work outside the country. But if and only if Peso became a strong exchange currency, OFW's are able to go back here in our country na. No need to go far just to find work and makea living.